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Compare IC Markets vs XTB


Online brokers compared for fees, trading platforms, safety and more. See how IC Markets stacks up against XTB!

IC Markets vs XTB
overall rating
4.5 / 5.0
4.5 / 5.0
overall pros
  • Low fees
  • Easy and fast account opening
  • Free deposit and withdrawal
  • Fast deposit and withdrawal
  • Fast and user-friendly account opening
  • Good research tools
overall cons
  • No investor protection
  • No negative balance protection
  • Only forex, CFD, and crypto trading is provided
  • Limited product portfolio, mostly CFD and FX
  • Sales team can be pushy
  • No 24/7 customer support
fees
5 stars
  • Low trading fees
  • Low non-trading fees
  • No withdrawal fee
4 stars
  • Low non-trading fees
  • No withdrawal fee
  • No inactivity fee
account opening
5 stars
  • Fast account opening
  • Fully digital account opening
  • User-friendly
5 stars
  • Fast account opening
  • Fully digital account opening
  • User-friendly
  • Sales team pushy
deposit and withdrawal
5 stars
  • Credit/Debit card deposit and withdrawal
  • Free withdrawal
  • User-friendly
5 stars
  • Credit/Debit card deposit and withdrawal
  • Quick funding and withdrawal -within 3 days
  • User-friendly
  • High fees for electronic wallet deposits
web trading platform
4 stars
  • User-friendly
  • Good search function
  • Good customizability (for charts, workspace)
  • No two-step (safe) login
4 stars
  • User-friendly
  • Good search function
  • Good customizability (for charts, workspace)
  • No two-step (safe) login
  • Limited order types
mobile trading platform
4 stars
  • User-friendly
  • Good search function
  • Looks nice
  • No two-step (safe) login
4 stars
  • User-friendly
  • Good search function
  • No two-step (safe) login
  • Limited order types
desktop trading platform
4 stars
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good search function
  • No two-step (safe) login
4 stars
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good search function
  • Limited order types
  • No two-step (safe) login
markets and products
1 stars
  • Forex
  • CFD
  • Crypto
2 stars
  • CFD
  • Crypto
  • Real stocks and ETFs for European clients except for UK and Hungary
research
4 stars
  • Good interactive chart
  • Good quality news flow
  • Analyst recommendations
  • No fundamental data available
4 stars
  • Good interactive chart
  • User-friendly
  • Good set of analytical tools
  • No fundamental data available
customer service
4 stars
  • Relevant answers
  • Fast email and telephone support
  • 24/7 availability
  • Slow and irrelevant live chat
5 stars
  • Phone support
  • Live chat
  • Relevant answers
  • Slow support for e-mail
  • 24/5 availability
education
5 stars
  • Demo account
  • Trading platform tutorial videos
  • Good production quality
5 stars
  • Demo account
  • Trading platform tutorial videos
  • Educational videos
  • Regulated by top tier financial authority
  • In operation for a long time
  • No investor protection
  • No negative balance protection
  • Does not hold a banking license
  • Listed on stock exchange
  • Financial information is publicly available
  • Regulated by financial authorities
recommended for Forex traders preferring easy account opening and free deposit and withdrawals Forex and CFD traders looking for great funding and withdrawal processes and research tools